DGBUSD - Long - Descending Triangle Reversal DGBUSD Long Descending Triangle
More often a continuation pattern than a reversal, but potential for reversal.
Dgbusd
Launch Sequence has been initiated.DGB looking strong against BTC, and BTC is coming toward the end of a bullish wedge. That being said things are looking positive for the DGBUSD comparison. So far it has rhythmically stepped up along its trend lines finding support in all the right places. I anticipate a nice impulse after the 3rd step. This is a great entry point for DGB but if your still a little uncertain there will be another opportunity after the 3rd step before it begins its impulse. This is barring any big announcements. If there is any positive news that comes out we could see it break out of this pattern and grow as we have seen things like XRP and XLM.
Awaiting a possible DGBUSD buy setup1H, 2H, 4H
Price action is showing that there is a very strong support at 0.088 - 0.090 USD area. This area also matches perfectly with 61.8% FIB retracement from the last bullish price movement from 0.05 - 0.15 USD.
If you look at a daily chart you can also see that there is a strong support at 0.10 USD.
A slight obstacle on the way up could be the area marked with the red rectangle at around 0.105 USD. Once the price settles above that level, the momentum should kick in.
We need to see a confirmation of the price action before buying. A good confirmation would be a pin bar, engulfing bar or any reversal candlestick pattern.
The first profit target is the ATH ( all-time high ) at 0.15098417.
The second profit target is 0.20 USD.
This setup will be valid as long as the price doesn't close below 0.08417574 level.
As always do your own research.
DGBUSD zigzag breakout!?this is a updated prediction (BETA) as my first one i had no idea how to post my idea.
I have been watching this coin closely for the past few weeks, and it has followed my path cloesly, hopefully we see a bullish breakout and to the moon
Digibyte (DGB) Target $0.34 - Bullish Soon*NOT Professional advice, this is all just my own opinion and experience
ABCD correction soon will be completed
And the target of 3 wave is 0.34 $
DGBBTC +98% in 3 daysSee chart. Trying some new methods to calculate estimated gains to be more conservative and accurate.
DigiByte (DGB) - Strong Buy will recover in no time!Well, DigiByte is no brainer profit ride.
Look at the charts, and look at Volumes...all speak "break out" to me.
Have fun!
DGBBTC Long Term 1000% PotentialWe signaled this at the bottom in November under 100 sats and got beautiful profits in a few weeks to the run towards 600 sats.
There is still large upside long term for this coin.
Trades like this are why I'm a bottom-up trader, I love overlooked coins that have been downtrending for a while, risk is low as selling pressure is nonexistent since a long term downtrend wiped out most sellers, only people left are determined HODLers, therefore it does not have much room to fall below accumulation zone.
I LOVE low risk high reward & you should too!
We have recommended other things like SNOV, ZCL, PHR, DRGN & more but cannot do so here since we cannot trade those pairs, but if you are interested in things like this & small / micro caps, feel free to subscribe to our newsletter below:
thecryptolabs.com
Thank you so much for your support.
DGBUSD for for the next breakout!Following this thing on the 1 hour chart we have a bullish move upwards followed by a pendant shape consolidation. I am looking for a break upwards out of the range for an entry position.
Digibyte start his second run, can be pretty big.Volume is there.
Digibyte is a great/solid project.
#DigiByte #blockchain than simply being 40x faster than #bitcoin with 5 independent mining algorithms for #Payments. Think #CyberSecurity #2FA #Notarization #AuditTrails #AI #DigitalAssets #Idenity #Messaging #IoT #SmartContracts
One of my favorite crypto-currency for 2018 is...DigiByte
Short term:
Long term - outperforming Ether?:
DGBBTC Downtrend BreakoutStay on the lookout for this
Low Risk:High Reward
Full Retracement Completed
DGB Reached previous support
DGB breaking out to the moonFill your bag now ,this is potential breakout
DGB rally begins now
trade responsible
DGBUSDThe Pair has broken out of the pattern with heavy volumes. Targets can be seen on the chart. If the previous trend continues, we could even reach to 0.17 USD. Stoploss should be 0.055 USD. Fundamentally also DGB is well placed. 40X Speed of BTC with very low transaction fees. It also has 5 different mining algorithms.
Digibyte - Looks Great on the Daily(Sign up for Binance in my signature below. Fees are 0.05% instead of 0.25% on Bittrex. Too bad DGB isn't listed there yet)
Another coin I know nothing about but a friend asked me to take a look at it and I love the price action on the daily.
Long term downtrend broken out. Daily giant red Kumo has been broken through, but price bounced off the 0.786 Fib at 630 sats and has since pulled back to retest Kumo resistance and Kijun at 365 sats.
Long Trade
Entry: ~470-485 Sats
Target: ~1050 Sats
STOP: 309 Sats
Risk-to-Reward: 4.0
DGB could do better than this when it breaks out, but in the meantime, it's good to have a conservative target that leads to excellent gains.
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DGB: Quick Short TradeUnlike most people. I like trading consolidation phase the most. It is more stable and targets are easier to manage. I see a good potential in digibyte. My original analysis of DGBBTC going to 410 sat is no long there. The structure has changed and it seems we are forming a side way bull flag for now. What are your thoughts?
Trade with care.
